City auditor: Ridgecrest posts improved reserves and unmodified opinions; one internal‑control finding
Auditors issued unmodified opinions for Ridgecrest's FY 2025 financial statements, reporting increased assets, higher net position and over one year of unassigned general‑fund reserves; auditors noted one internal‑control finding tied to a prior‑period adjustment.
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The city's external auditors reported to the Ridgecrest City Council on June 17 that the fiscal‑year 2025 financial statements earned unmodified audit opinions and show improved reserves and capital investment, though auditors issued one internal‑control finding related to a prior‑period adjustment.
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